Listing Description
Listed: Fri, 19 Jul
Prime Corner Site - State Highway One
94 Evans Street, Timaru, Canterbury
Asking price $170,000
Details
| Attribute | Value |
|---|---|
| Property use | Industrial |
| Agency reference | TIM39827 |
Description
- Freehold sale, lower end opportunity
- Existing tenant in place
- Current total rental $17,340.00 per annum plus GST (Gross)
- Renewal date June 2025
- Final expiry June 2028 (subject to renewal)
- ISA Report 70% of new building standard (NBS)
- NB. Billboard and phone tower do not form part of the sale but will remain in place post settlement
- Sale is subject to billboard and phone tower easements against the title in favour of the vendor
- Sale is further to Telco (phone tower) not exercising their First Right of Refusal to purchase as contained in their Lease Agreement within 30 days from the date of the Agreement for Sale and Purchase.
